AG warns of overdue toll charge scam

Attorney General Gentner Drummond is warning Oklahoma consumers about a new scam in Oklahoma involving text messages about overdue toll charges. Some Oklahomans have received messages claiming they owe past due toll charges along with a link to click and pay. However, the scam messages are phishing attacks designed to steal personal information. “These scammers …

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Tulsa-based coal firm saw drop in coal sales due to Baltimore bridge collapse

  Tulsa’s major coal-mining company, Alliance Resource Parnters, L.P. revealed in an announcement this week it was one of the firms that suffered when a cargo ship plowed into the  major bridge crossing the Baltimore harbor and destroyed it. Alliance, considered one of the largest east-coast coal mining firms said as a result of the …

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Results of annual shareholders meeting announced by Gulfport Energy

  No surprises came out of the recent annual meeting of stockholders in Gulfport Energy Corporation in Oklahoma City. Results of the elections were announced this week indicating that shareholders elected the slate of directors. Timothy J. Cutt, David Wolf, Jason Martinez, Jeannie Powers, David Reganato, John Reinhart and Mary Shafer-Malicki were elected to serve …

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Green grass replaces 1 million acres of scorched land in Texas Panhandle

  The 1 million acres of Texas Panhandle land scorched by the late February wildfires that spread into western Oklahoma are quickly recovering. Green grass is popping up on land that had been darkened by the deadly fires that left two people dead along with more than 10,000 head of cattle. Losses are still estimated …

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State budget agreement includes $50 million oil and gas tax rebate program

    Oklahoma’s oil and gas industry came out a winner in the recent budget deal announced by legislative leaders. The agreement included $50 million for a tax rebate program for methane-reduction equipment upgrades. The Oklahoma Tax Commission will administer a revolving fund and allow companies to claim up to 25% of their costs to …

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ConocoPhillips takes over Marathon Oil in $22.5 billion deal

    ConocoPhillips is still betting on the production of oil and gas as the company that had its origins in Oklahoma announced Wednesday it is acquiring Marathon Oil Corporation in a more than $22 billion deal. Now headquartered in Houston, the company describedthe deal as an all-stock transaction with an enterprise value of $22.5 …

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Energy briefs

** The Biden administration on Tuesday announced new guidelines for ensuring the integrity of  carbon credits or offsets. Individuals, businesses and other entities can buy these credits to try to “offset” their emissions as part of an effort to achieve net-zero. This can entail things like paying organizations toplant trees or prevent them from being cut down. ** ConocoPhillips …

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US crude prices soared by nearly 3% in Tuesday’s trading

Not only did crude oil prices jump more than $2 a barrel or nearly 3% in Tuesday’s trading but Oklahoma energy stocks gained as well with a few seeing 6% and 7% boosts for the day. Crude prices rose on an anticipation that OPEC+ will maintain crude supply restrictions when members meet June 2. The …

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Retiree wants Judge’s suspension of Oklahoma energy Act to be permanent

  The Judge who suspended Oklahoma’s enforcement of its Energy Discrimination Elimination Act, the measure enacted two years ago to protect the oil and gas industry from discriminating financial firms, is now being asked to offer a victory to the state retiree who filed suit and challenged its constitutionality. The attorney for state retiree Don …

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Attorney General says 5 states created “wasteful litigation” over climate change laws

Attorney General Gentner Drummond finally offered comments over the legal action he took last week in going to the U.S. Supreme Court in a challenge of the climate litigation against the oil and gas industry undertaken by California, Connecticut, Minnesota, New Jersey and Rhode Island. He accused the states of trying to dictate America’s energy …

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